New research suggests that more than half of people living in Scotland are spending their time at home in the cold and dark for fear of rising household bills during the ongoing cost of living crisis.
The Tackling the Cost of Living Crisis 2023 Report by Barratt Developments Scotland, which includes Barratt Homes and David Wilson Homes in Scotland, found that 51 per cent of people across the country are having to keep lights and heating switched off, despite the recent sharp drop in temperatures, in a bid to save money.
The Treasury announced on Wednesday morning that the UK Government’s £2,500 Energy Price Guarantee will not rise to £3,000 as planned next month and will instead be extended until June.
However, gas and electricity bills have soared over recent months and the £400 Energy Bills Support Scheme is set to end at the end of March, putting further pressure on households.The report found that rising costs and increasing mortgage rates are worrying all age categories across the nation.
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